Asia-Pacific - Market Trends
The Global Airborne SATCOM market accounted for US$5.51 billion in 2018 and is expected to reach $9.80 billion by 2027 growing at a CAGR of 6.6% during the forecast period according to Research and Markets. Rise in long-haul flights and traveller traffic and raise in the number of high-throughput satellites are the major factors propelling the market growth. However, factors such as ultra-compact SATCOM terminals for tactical UAVs and need to improve passenger experience are hampering the market growth.
Ericsson (NASDAQ: ERIC) expects the global number of 5G subscriptions to top 190 million by the end of 2020 and 2.8 billion by the end of 2025. These forecasts are included in the June 2020 edition of the Ericsson Mobility Report, along with projections for data traffic growth, and regional subscriptions. The report also takes an incisive look at the role of networks and digital infrastructure in keeping societies running, and families connected during the COVID-19 pandemic.
The satellite manufacturing and launch systems market is poised to register a CAGR of more than 3.5%, during the forecast period 2020 - 2025 according to new research from Research and Markets.
A global poll of broadcasters conducted by OnePoll on behalf of Nevion, the architects of virtualized media production, has found that over a third (39%) of respondents expect their organization will be ready to adopt 5G within a year, while a further 53% believe they will be able to do so within the following year.
The survey found that 94% of broadcasters think that their country has the infrastructure ready to adopt 5G. Yet, despite this optimism, only 46% of broadcasters have tested 5G’s capabilities within their organization.
NSR’s Global Satellite Capacity Supply and Demand, 17th Edition report, released today, finds COVID-19 having a deep, near term impact on key satellite capacity growth areas, but the industry will bounce back to 2019 revenue levels in 3 years. Despite near term challenges, NSR is still bullish on long-term potential, forecasting Satcom revenues reaching $26.5 Billion by 2029.
In its latest research titled “China Space Industry Report,” Euroconsult provides in depth analysis of how commercialization is driving both growth and technology advances in the Chinese space sector, with oversubscribed IPOs and a wave of private investment. China Satcom is now the world’s highest valued pure satellite operator with a market cap of US$11 billion as of May 2020, while China Satcom parent company China Aerospace Science and Technology Corporation (CASC) reported record revenues of $37 billion in 2018.
AVOD expenditure will more than double between 2019 and 2025 to reach US$ 53 billion across 138 countries according to Digital TV Research.
The US became the largest AVOD expenditure country in 2019 as China saw expenditure fall by 8.9% due to its economic downturn.
NSR’s Cloud Computing via Satellite report, released today, projects 52 Exabytes of Traffic by 2029, with players in the satellite and space industry contributing cumulative revenue of US$ 16 B from 2019-2029. The market is largely satcom-centric, with a significant portion of the revenue flow going to service providers and satellite operators.
We live in a mobile world. More and more, inhabitants of the developed world expect to be able to access data and video wherever they are, and at same connectivity speed that is available in their home or office. High-speed internet access, has become a necessity. In the developing world it paves the way to local commerce, education and economic growth. In those parts of the world, mobile networks are frequently the only means of connectivity available. We have now reached the point where globally most internet access is via mobile devices. 52% in January 2020. In Africa and Asia at 60% and 62% respectively the figure is even higher. In developed economies as well, it has becoming a very popular access method accounting for 48% of internet access in North America.
